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Q37 (IAS/2016) International Relations & Global Affairs β€Ί Global Indices, Reports & Agreements β€Ί Business environment indices Official Key

India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?

Result
Your answer: β€”  Β·  Correct: C
Explanation

The Ease of Doing Business Report is published annually by World Bank.[1] The report is based on studies to analyze 10 quantitative indicators as to whether regulation enhances or lowers down business activity.[1] Higher ranking of a country in this list means that its regulatory environment is more conducive to and favourable for undertaking businesses.[1]

The other options are incorrect because:
- **Option A (OECD)**: The Organization for Economic Cooperation and Development conducts economic surveys but does not publish the Ease of Doing Business Index.
- **Option B (World Economic Forum)**: The WEF publishes the Global Competitiveness Report, which is a different index altogether.
- **Option D (WTO)**: The World Trade Organization focuses on international trade rules and dispute resolution, not on ranking countries' domestic business environments.

Therefore, the World Bank is the correct answer as it is the sole publisher of the Ease of Doing Business Index.

Sources
  1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
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Each bar shows the % of students who chose that option. Green bar = correct answer, blue outline = your choice.
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Q. India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking? […
At a glance
Origin: Books + Current Affairs Fairness: Low / Borderline fairness Books / CA: 2.5/10 Β· 7.5/10

This is a 'Sitter' category questionβ€”a fundamental static fact disguised as current affairs. The 'Reports & Indices' theme yields 2-4 marks annually. If you miss this, you are statistically eliminated because the accuracy rate among serious aspirants here is near 100%.

How this question is built

This question can be broken into the following sub-statements. Tap a statement sentence to jump into its detailed analysis.

Statement 1
Did the Organization for Economic Cooperation and Development (OECD) declare or publish India's Ease of Doing Business Index ranking in 2016?
Origin: Direct from books Fairness: Straightforward Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
Presence: 5/5
β€œβ€’ It is also known as Ease of Doing Business Report, published annually by World Bank. β€’ The report is based on the studies to analyze 10 quantitative indicators as to whether regulation enhances/lowers down the business activity. β€’ Higher ranking of a country in this list means that its regulatory environment is more conducive to and favourable for undertaking businesses. β€’ The report mainly tries to address three questions: β€’ 1”
Why this source?
  • Explicitly identifies the 'Ease of Doing Business Report' as published annually by the World Bank.
  • States the report is also known as the Ease of Doing Business Report (i.e., the index/report is a World Bank product).
Statement 2
Did the World Economic Forum declare or publish India's Ease of Doing Business Index ranking in 2016?
Origin: Web / Current Affairs Fairness: CA heavy Web-answerable

Web source
Presence: 5/5
"the 2017 edition of the World Bank Ease of Doing Business index"
Why this source?
  • Explicitly names the Ease of Doing Business index as the 'World Bank' index, attributing it to the World Bank rather than the World Economic Forum.
  • Shows that the Ease of Doing Business indicator referenced for 2017 is a World Bank product, implying WEF is not the publisher of that index.
Web source
Presence: 4/5
"The Global Competitiveness Report 2016–2017"
Why this source?
  • The World Economic Forum's 2016 publication is titled 'The Global Competitiveness Report 2016–2017', indicating WEF publishes the Global Competitiveness Index, not the Ease of Doing Business index.
  • Distinguishes WEF's own data/reporting (Global Competitiveness Report) from other indices mentioned elsewhere.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
Strength: 5/5
β€œβ€’ It is also known as Ease of Doing Business Report, published annually by World Bank. β€’ The report is based on the studies to analyze 10 quantitative indicators as to whether regulation enhances/lowers down the business activity. β€’ Higher ranking of a country in this list means that its regulatory environment is more conducive to and favourable for undertaking businesses. β€’ The report mainly tries to address three questions: β€’ 1”
Why relevant

Explicitly states the 'Ease of Doing Business Report' (Doing Business) is published annually by the World Bank.

How to extend

A student could infer that the World Bank β€” not WEF β€” is the primary publisher to check for the 2016 ranking and then verify the 2016 Doing Business report.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > EASE OF DOING BUSINESS REPORT > p. 397
Strength: 5/5
β€œβ€’ It is a yearly ranking which aims to provide a basis for understanding and improving the regulatory environment for businesses around the world by analyzing and comparing the business regulations and the protection of property rights across 190 economies and over time. β€’ World Bank Group publishes Doing Business Report since 2003.”
Why relevant

Says the Doing Business report is a yearly ranking published by the World Bank Group since 2003, reinforcing which institution issues the index.

How to extend

Use this to eliminate WEF as the publisher and consult the World Bank Group's 2016 Doing Business publication for India's rank.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 2020 > p. 555
Strength: 4/5
β€œInternational Economic Institutions β€’ 7. India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking? β€’ (a) Organisation for Economic Cooperation and Development (OECD)\ β€’ (b) World Economic Forum\ β€’ (c) World Bank \sim ALC: YES β€’ (d) World Trade Organization (WTO) β€’ 8. 'Global Financial Stability Report' is prepared by the: β€’ (a) European Central Bank β€’ (b) International Monetary Fund β€’ (c) International Bank for Reconstruction and Development β€’ (d) Organisation for Economic Cooperation and Development β€’ 9.”
Why relevant

Contains a multiple‑choice question asking which body has 'declared' India's Ease of Doing Business ranking, listing World Bank as an option (with an answer marker implying World Bank).

How to extend

Treats the World Bank as the expected answer; a student could take this as educational guidance to prefer World Bank sources for the 2016 ranking.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 2020 > p. 554
Strength: 3/5
β€œThe Global Competitiveness Report is published by the (a) International Monetary Fund (b) United Nations Conference on Trade and Development (c) World Economic Forum (d) World Bank No question β€’ 5. Consider the following statements: β€’ 1. India has ratified the Trade Facilitation Agreement (TFA) of WTO. β€’ 2. TFA is a part of WTO's Bali Ministerial Package of 2013. β€’ 3. TFA came into force in January 2016. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 1 and 3 only (c) 1, 2 and 3 (d) 2 and 3 only 6. With reference to the 'National Intellectual Property Rights Policy', consider the following statements: 1.”
Why relevant

Identifies the Global Competitiveness Report as published by the World Economic Forum, illustrating that WEF issues other indices but not necessarily the Doing Business report.

How to extend

A student can use this pattern (WEF publishes some indices) to check whether the Doing Business index appears among WEF publications β€” if not, that suggests WEF did not publish the Doing Business ranking in 2016.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 2: Economic Growth versus Economic Development > CHAPTER SUMMARY > p. 29
Strength: 3/5
β€œβ€’ Planetary Pressures-adjusted HDI (PHDI) new metric to adjust the HDI value by the impact caused by each country's per-capita carbon emissions and its material footprint. β€’ Global Gender Gap Index (GGGI) published by World Economic Forum India ranked 112th in 2020. β€’ World Happiness Report published annually by the United Nations Sustainable Development Solutions Network.”
Why relevant

Notes the World Economic Forum publishes indexes like the Global Gender Gap Index, showing WEF is a publisher of international indices but distinct from the Doing Business publisher.

How to extend

Combine with the explicit statement that Doing Business is by the World Bank to infer WEF likely did not publish India's Doing Business ranking in 2016; the student should check WEF's 2016 publications to confirm.

Statement 3
Did the World Bank declare or publish India's Ease of Doing Business Index ranking in 2016?
Origin: Web / Current Affairs Fairness: CA heavy Web-answerable

Web source
Presence: 5/5
"dealing with construction permits (from a ranking of 183 in 2016 to 27 in 2020)"
Why this source?
  • Explicitly references World Bank Ease of Doing Business rankings with a 2016 value, showing the index contained 2016 data.
  • Gives a 2016-to-2020 comparison (construction permits ranking), implying the World Bank published a 2016 ranking.
Web source
Presence: 4/5
"in the 2017 edition of the World Bank Doing Business, India’s ranking improved to 130, from 131, on a group of 190."
Why this source?
  • States the 2017 World Bank Doing Business edition showed India improving to 130 from 131, implying a published prior (2016) ranking.
  • Directly ties World Bank Doing Business editions to year-to-year country rankings.
Web source
Presence: 4/5
""Ease of Doing Business in India" (http://www.doingbusiness.org/data/exploreeconomies/india). www.doingbusiness.org. Retrieved 25 April 2016."
Why this source?
  • Cites the World Bank's Doing Business India page and shows the page was retrieved on 25 April 2016, indicating the Bank's data were available that year.
  • Supports that the World Bank had published Doing Business information for India in 2016.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
Strength: 5/5
β€œβ€’ It is also known as Ease of Doing Business Report, published annually by World Bank. β€’ The report is based on the studies to analyze 10 quantitative indicators as to whether regulation enhances/lowers down the business activity. β€’ Higher ranking of a country in this list means that its regulatory environment is more conducive to and favourable for undertaking businesses. β€’ The report mainly tries to address three questions: β€’ 1”
Why relevant

Explicitly states the 'Ease of Doing Business Report' (Doing Business) is published annually by the World Bank.

How to extend

A student could combine this with the fact that 2016 is within the years the report was published to suspect the World Bank published a 2016 ranking that would include India.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > EASE OF DOING BUSINESS REPORT > p. 397
Strength: 5/5
β€œβ€’ It is a yearly ranking which aims to provide a basis for understanding and improving the regulatory environment for businesses around the world by analyzing and comparing the business regulations and the protection of property rights across 190 economies and over time. β€’ World Bank Group publishes Doing Business Report since 2003.”
Why relevant

Notes Doing Business is a yearly ranking comparing business regulations across 190 economies and that the World Bank Group publishes the report since 2003.

How to extend

Knowing the report is annual and covers many economies, a student could infer a 2016 edition would typically list country rankings including India.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 2020 > p. 555
Strength: 4/5
β€œInternational Economic Institutions β€’ 7. India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking? β€’ (a) Organisation for Economic Cooperation and Development (OECD)\ β€’ (b) World Economic Forum\ β€’ (c) World Bank \sim ALC: YES β€’ (d) World Trade Organization (WTO) β€’ 8. 'Global Financial Stability Report' is prepared by the: β€’ (a) European Central Bank β€’ (b) International Monetary Fund β€’ (c) International Bank for Reconstruction and Development β€’ (d) Organisation for Economic Cooperation and Development β€’ 9.”
Why relevant

Contains a question asking which organisation 'declared' India's Ease of Doing Business ranking and marks the World Bank as the correct choice.

How to extend

This example frames the World Bank as the authority on announcing that ranking, supporting the idea that the World Bank would have published the 2016 ranking.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > 12.24 Indian Economy > p. 398
Strength: 3/5
β€œβ€’ The details of 10 indicators (based on the life cycle of a business) used to compute Ease of Doing Business Index are: β€’ 1. Starting a business - ranking improved. β€’ 2. Dealing with construction permits - ranking improved. Getting electricity ranking improved. 3. Registering property ranking improved. 4. 5. Getting credit. Protecting minority investors. 6. 7. Paying taxes - ranking improved. Trading across borders - ranking improved. 9. Enforcing contracts.”
Why relevant

Lists the ten indicators used to compute the Ease of Doing Business Index and notes changes in specific component rankings.

How to extend

Knowing the index is built from specific indicators and tracked over time, a student could look for the 2016 report's indicator data to confirm India's 2016 position.

Statement 4
Did the World Trade Organization (WTO) declare or publish India's Ease of Doing Business Index ranking in 2016?
Origin: Web / Current Affairs Fairness: CA heavy Web-answerable

Web source
Presence: 5/5
"the World Bank’s Ease of Doing Business (EODB) Index;"
Why this source?
  • Directly names the Ease of Doing Business (EODB) Index as belonging to the World Bank, not the WTO.
  • Treats EODB as one of several indicators (OECD TFIs, World Bank EODB, LPI), indicating different institutional ownership.
Web source
Presence: 4/5
"Doing Business 2016 ... Washington, DC: World Bank Group."
Why this source?
  • The document is the Doing Business 2016 report, a World Bank Group publication.
  • Shows the Doing Business index is produced by the World Bank Group rather than the WTO.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
Strength: 5/5
β€œβ€’ It is also known as Ease of Doing Business Report, published annually by World Bank. β€’ The report is based on the studies to analyze 10 quantitative indicators as to whether regulation enhances/lowers down the business activity. β€’ Higher ranking of a country in this list means that its regulatory environment is more conducive to and favourable for undertaking businesses. β€’ The report mainly tries to address three questions: β€’ 1”
Why relevant

Explicitly states the 'Ease of Doing Business Report' is published annually by the World Bank.

How to extend

A student could check the 2016 Doing Business report (World Bank) to see who published India's ranking and thereby judge whether WTO was the publisher.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > 12.24 Indian Economy > p. 398
Strength: 4/5
β€œβ€’ The details of 10 indicators (based on the life cycle of a business) used to compute Ease of Doing Business Index are: β€’ 1. Starting a business - ranking improved. β€’ 2. Dealing with construction permits - ranking improved. Getting electricity ranking improved. 3. Registering property ranking improved. 4. 5. Getting credit. Protecting minority investors. 6. 7. Paying taxes - ranking improved. Trading across borders - ranking improved. 9. Enforcing contracts.”
Why relevant

Lists the 10 indicators used to compute the Ease of Doing Business Index, indicating a specific methodology tied to the Doing Business exercise.

How to extend

A student can infer this methodology aligns with the World Bank's Doing Business project and compare it with WTO publications to see if WTO uses the same index.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > WORLD TRADE OUTLOOK INDICATOR (WTOI) > p. 545
Strength: 3/5
β€œIt was introduced by WTO in 2016. WTOI was designed to provide real-time information on the trajectory of world trade and its recent trend. WTOI provided a headline figure to show performance against trend on a quarterly basis. A reading of 100 indicates trade growth in line with recent trends, a reading greater than 100 suggests above-trend growth, while a reading below 100 indicates below-trend growth.”
Why relevant

Shows WTO produces its own trade indicator (WTOI) introduced in 2016, implying WTO issues trade-related indices but not necessarily the Doing Business index.

How to extend

A student could use this to reason that WTO publishes trade outlook indicators, so they should verify whether WTO's published indices include 'Ease of Doing Business' or whether that is separate (World Bank).

Contemporary World Politics, Textbook in political science for Class XII (NCERT 2025 ed.) > Chapter 4: International Organisations > WTO > p. 57
Strength: 3/5
β€œThe World Trade Organisation (WTO) is an international organisation which sets the rules for global trade. This organisation was set up in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) created after the Second World War. It has 164 members (as on 29 July 2016). All decisions are taken unanimously but the major economic powers such as the US, EU and Japan have managed to use the WTO to frame rules of trade to advance their own interests. The developing countries often complain of non-transparent procedures and being pushed around by big powers. India supports an increase in the number of both permanent and non-permanent members.”
Why relevant

Describes the WTO's role and typical functions (setting rules for global trade), suggesting its publishing focus is trade rules/outlooks rather than cross-country business regulatory rankings.

How to extend

A student might contrast WTO's mandate with the Doing Business report's scope to assess the plausibility that WTO published the Ease of Doing Business ranking in 2016.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 2020 > p. 555
Strength: 2/5
β€œInternational Economic Institutions β€’ 7. India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking? β€’ (a) Organisation for Economic Cooperation and Development (OECD)\ β€’ (b) World Economic Forum\ β€’ (c) World Bank \sim ALC: YES β€’ (d) World Trade Organization (WTO) β€’ 8. 'Global Financial Stability Report' is prepared by the: β€’ (a) European Central Bank β€’ (b) International Monetary Fund β€’ (c) International Bank for Reconstruction and Development β€’ (d) Organisation for Economic Cooperation and Development β€’ 9.”
Why relevant

Contains a multiple-choice question asking which organisation declared India's Ease of Doing Business ranking and lists WTO among options, indicating the question is commonly associated with identifying the responsible publisher.

How to extend

A student could use this to prompt checking authoritative sources (e.g., the World Bank or WTO websites) for who actually declared India's ranking in 2016.

Pattern takeaway: UPSC cycles through the 'Big 4' institutions (WB, IMF, WEF, WTO). If the question is about a 'Business' or 'Development' index, the World Bank is the prime suspect. If it's about 'Stability' or 'Outlook', think IMF. If it's 'Competitiveness' or 'Gap', think WEF.
How you should have studied
  1. [THE VERDICT]: Sitter. Directly covered in every standard Economy manual (Singhania, Ramesh Singh) and the 'International Organizations' appendix of coaching compilations.
  2. [THE CONCEPTUAL TRIGGER]: International Economic Institutions & their Flagship Publications. The syllabus keyword is 'International Institutions, agencies and their structure, mandate'.
  3. [THE HORIZONTAL EXPANSION]: Memorize the 'Big 4' Publishers: 1. World Bank: Global Economic Prospects, World Development Report, Logistics Performance Index (LPI). 2. IMF: World Economic Outlook, Global Financial Stability Report. 3. WEF: Global Competitiveness Report, Global Gender Gap Index, Energy Transition Index. 4. WTO: World Trade Report.
  4. [THE STRATEGIC METACOGNITION]: When a ranking is in the news (e.g., 'India jumps 14 spots'), ignore the specific rank number first. Your primary tag must be: Who publishes it? What are the parameters? Is it an annual or biennial report?
Concept hooks from this question
πŸ“Œ Adjacent topic to master
S1
πŸ‘‰ Publisher of the Ease of Doing Business Report
πŸ’‘ The insight

The core question is about which organization publishes the Ease of Doing Business ranking; reference [3] names the World Bank as the publisher.

High-yield for UPSC: questions often ask which international body publishes which economic index. Knowing publishers (World Bank, IMF, WEF, OECD, UN bodies) helps answer many economy and international institutions questions. Prepare by making a concise table of major indices and their publishers and revising regularly.

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
πŸ”— Anchor: "Did the Organization for Economic Cooperation and Development (OECD) declare or ..."
πŸ“Œ Adjacent topic to master
S1
πŸ‘‰ Components/Indicators of the Ease of Doing Business Index
πŸ’‘ The insight

Understanding what the index measures (10 indicators) clarifies the nature and origin of the report and appears in references [3] and [4].

Frequently tested: questions probe index composition and interpretation (e.g., which reforms improve rankings). Learn the 10 indicators, link them to policy reforms and examples from India; use flashcards and practice MCQs.

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > 12.24 Indian Economy > p. 398
πŸ”— Anchor: "Did the Organization for Economic Cooperation and Development (OECD) declare or ..."
πŸ“Œ Adjacent topic to master
S1
πŸ‘‰ OECD membership & India’s relationship with OECD
πŸ’‘ The insight

Reference [2] states India's non-membership of OECD, which is relevant when assessing whether OECD would typically publish India-specific rankings.

Important for questions on international organizations: knowing membership status and scope of activity helps eliminate unlikely publishers/authors of reports. Study roles, membership, and key publications of major bodies; use comparison charts for quick recall.

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Organisation for Economic Cooperation and Development (OECD) > p. 533
πŸ”— Anchor: "Did the Organization for Economic Cooperation and Development (OECD) declare or ..."
πŸ“Œ Adjacent topic to master
S2
πŸ‘‰ Doing Business Report β€” publisher identity
πŸ’‘ The insight

Several references identify who publishes the Doing Business (Ease of Doing Business) report.

High-yield for UPSC: questions often ask which international institution publishes a named index/report. Knowing that the Doing Business report is published by the World Bank helps eliminate distractors and links to topics on business environment and regulatory reform. Learn by tabulating major indices and their publishers and practising direct-source recall.

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > EASE OF DOING BUSINESS REPORT > p. 397
πŸ”— Anchor: "Did the World Economic Forum declare or publish India's Ease of Doing Business I..."
πŸ“Œ Adjacent topic to master
S2
πŸ‘‰ World Economic Forum publishes other indices (not Doing Business)
πŸ’‘ The insight

Evidence shows WEF publishes indices like the Global Gender Gap Index and the Inclusive Development Index, distinguishing its role from the Doing Business report.

UPS C questions frequently test mandate differentiation among global bodies. Mastering which body issues which index (WEF vs World Bank vs IMF etc.) is useful for both static syllabus and current-affairs linkage. Prepare by grouping indices by publisher and noting themes (competitiveness, gender gap, inclusiveness).

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 2: Economic Growth versus Economic Development > CHAPTER SUMMARY > p. 29
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 2: Economic Growth versus Economic Development > Challenges in Achieving Inclusive Growth in India: > p. 24
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL ENERGY TRANSITION INDEX > p. 444
πŸ”— Anchor: "Did the World Economic Forum declare or publish India's Ease of Doing Business I..."
πŸ“Œ Adjacent topic to master
S2
πŸ‘‰ Distinguishing roles of global economic institutions
πŸ’‘ The insight

The statement requires distinguishing between publishers (World Bank) and other institutions (WEF) that publish different global indices.

Conceptually important: many UPSC MCQs ask to match reports/indices to institutions. Understanding institutional mandates (World Bank β€” business/regulatory environment reports; WEF β€” competitiveness/gender/inclusive development indices) helps answer such match-type questions and supports essay/current-affairs linkage. Strategy: create a one-page mapping of institutions β†’ flagship reports and revise regularly.

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 2: Economic Growth versus Economic Development > CHAPTER SUMMARY > p. 29
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > EASE OF DOING BUSINESS REPORT > p. 397
πŸ”— Anchor: "Did the World Economic Forum declare or publish India's Ease of Doing Business I..."
πŸ“Œ Adjacent topic to master
S3
πŸ‘‰ Doing Business Report (Ease of Doing Business) β€” publisher & frequency
πŸ’‘ The insight

The references state that the 'Ease of Doing Business' is also called the Doing Business Report and that it is published annually by the World Bank.

High-yield for UPSC: knowing which international institutions publish key economic indices helps answer questions on global governance and economic indicators. This concept links to topics on World Bank functions, international rankings, and policy implications for domestic reforms. Study by memorising major indices and their publishers and practising questions that ask to identify sources of indices.

πŸ“š Reading List :
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Doing Business Report > p. 527
  • Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > EASE OF DOING BUSINESS REPORT > p. 397
πŸ”— Anchor: "Did the World Bank declare or publish India's Ease of Doing Business Index ranki..."
πŸŒ‘ The Hidden Trap

The World Bank discontinued the 'Doing Business' report in 2021 due to data irregularities. The logical successor to watch is the World Bank's new 'Business Ready (B-READY)' project. Also, watch out for the 'Logistics Performance Index (LPI)', another World Bank report often confused with trade bodies.

⚑ Elimination Cheat Code

Mandate Matching: WTO deals with 'Trade' (cross-border rules), but EODB includes domestic issues like 'Construction Permits' and 'Getting Electricity'β€”so WTO is out. OECD is a club of developed nations, less likely to be the primary ranker of developing economies like India in general news. Between WEF and World Bank: WEF is a 'Forum' (ideas/networking), World Bank is a 'Lender'. A lender needs a checklist to ensure businesses can survive to repay loansβ€”hence 'Doing Business' fits the Bank's risk-assessment DNA.

πŸ”— Mains Connection

Mains GS-3 (Investment Models): The EODB ranking was the metric behind the 'Make in India' push. It also triggered 'Competitive Federalism' in India via the State-level Business Reform Action Plan (BRAP) rankings, linking International metrics to domestic governance.

βœ“ Thank you! We'll review this.

SIMILAR QUESTIONS

CDS-II Β· 2020 Β· Q2 Relevance score: 5.30

As per the World Bank's Ease of Doing Business Ranking, India's rank has improved from 142 in 2014 to 63 in 2019. DuringΒ· this period, in which of the following parameters has India's rank deteriorated?

CDS-II Β· 2018 Β· Q52 Relevance score: 1.36

According to the World Bank’s Doing Business Report, 2018, India’s ranking has improved in 2018 as compared to 2017 in which of the following areas? 1. Paying taxes 2. Resolving insolvency 3. Starting a business 4. Getting electricity Select the correct answer using the code given below.

CDS-I Β· 2024 Β· Q90 Relevance score: 1.20

Which of the following statements about India's rank in the Global Innovation Index-2023, published by the World Intellectual Property Organisation, is/are correct? 1. India has been placed at 40th rank. 2. India has been on a rising trajectory over the period 2015–2023. Select the correct answer using the code given below.

CAPF Β· 2009 Β· Q21 Relevance score: 0.14

Consider the following statements : 1. According to IFC/World Bank Doing Business Report, 2009 India is the most difficult country to enforce contracts in a court or otherwise. 2. According to the UNIDO Report, 2009 in the Competitive Industrial Performance Index India is ahead of China. Which of the statements given above is/are correct ?

IAS Β· 2019 Β· Q77 Relevance score: -0.08

Which one of the following is not a sub-index of the World Bank's 'Ease of Doing Business Index'?